Open houseCondo
$498,000
327 10880 NO. 5 ROAD
Richmondlisted today
1 bd1 ba672 sq ft
MLS® R31735501 / 27
$438,800
503 10033 RIVER DRIVE
Richmond · MLS® R3166279
1 bed · 1 bath · 665 sq ft · 1 parking
Condo · Single Family · built 2014 · 21 days on market
Listed by Marco Moser, eXp Realty
Realtor's description
This wonderful, centrally located condo is a stone throw from amenities, freeway access, YVR Airport and only 1km from the Canada Line Skytrain, major box stores, schools, community centres and more. Enjoy a beautiful river walkway, playground for kids, an indoor exercise center with lap pool, gym and hot tub. For busy parents, the daycare center provides a great service. This condo also features a geothermal heat pump for temperature control, a gourmet kitchen with multiple-burner gas stove, stainless steel appliances, hardwood floors, quartz countertop with large undermount sink,9 foot ceilings and a large bedroom with walk-through closets. Great opportunity for 1st time buyers- selling way below BC Assessed. Strata fees include Richmond water and sewer utility - *hence higher as included. Open House Sunday 3:00 - 5:00 PM
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 665 sq ft
- Parking
- 1
- Year built
- 2014
- Property tax
- $1,914 / yr
- Strata fee
- $588 / mo ($0.88 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 21
- MLS®
- R3166279
Features
- Central location
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
Monthly cost
$2,660/mo
Mortgage $1,912 · Tax $160 · Strata $588
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
If you rented it out
- Rent
- $1,676/mo
- After all costs
- −$1,153/mo
- Cap rate
- 2.1%
- yearly net rent ÷ price
Costs: mortgage $1,912 · tax $160 · strata $588 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 1-bedroom in Richmond (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
BC rules for landlords
- Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
- Rent increases are capped once a year at the province's set amount. gov.bc.ca
- The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
- Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca
Location
RichmondGoogle Maps ↗
Schools
Catchment schools, Richmond School District 38
- Elementary Robert J Tait Elementaryhomes in this catchment
400 m away · 10071 Finlayson Dr, Richmond · 604-668-6444
- Secondary Cambie Secondaryhomes in this catchment
2.9 km away · 4151 Jacombs Rd, Richmond · 604-668-6430
From the Richmond School District 38's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.
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